NOT LISTED FOR SALE

6929 Sepulveda Blvd Van Nuys, CA 91405

Van Nuys Area
1 Bed
2 Baths
16,359 Sq Ft
0.64 Acre Lot

Sale Details

Date Sold: October 22, 2018

Last sale price $4,200,000 $257 Per Sq Ft

Highlights

  • In Ground Pool
  • 27,998 Sq Ft lot
  • Controlled Entrance
  • Van Nuys High School Rated A
  • Laundry Facilities

About This Home

As of October 2018

Sold Before Processing!

Last Agent to Sell the Property

Steven Weinberg

Citadel Ventures, Inc. License #00857322 Listed on: 09/18/2018

Last Buyer's Agent

Steven Weinberg

Citadel Ventures, Inc. License #00857322 Listed on: 09/18/2018

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 27,998 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • Property Attached

Interior Spaces

  • 16,359 Sq Ft Home
  • 2-Story Property
  • Leased Washer and Dryer

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Parking

  • Parking Available
  • Controlled Entrance

Pool

  • In Ground Pool
  • Fence Around Pool

Additional Features

  • Exterior Lighting
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 4
  • Tax Tract Number 10242
  • Assessor Parcel Number 2234024004

Community Details

Building Details

  • 33 Leased Units
  • Rent Control
  • 34 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $3,465
  • Fuel Expense $9,503
  • Gardener Expense $5,540
  • Insurance Expense $9,205
  • Maintenance Expense $27,921
  • Other Expense $1,276
  • Pest Control $1,822
  • Pool Expense $3,195
  • Professional Management Expense $13,840
  • Supplies Expense $1,347
  • Trash Expense $8,488
  • Water Sewer Expense $18,865
  • New Taxes Expense $52,500
  • Operating Expense $159,830
  • Gross Income $369,381
  • Net Operating Income $196,634

Additional Features

  • 33 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0.64 Acres

Listing Details

  • Professional Management Expense: 13840.00
  • Property Attached: Yes
  • Supplies Expense: 1347.00
  • Water Sewer Expenses: 18865.00
  • Zoning: LAR3
  • Property Type: Residential Income
  • Gardener Expense: 5540.00
  • Parcel Number: 2234024004
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 256.74

Exterior Features

  • Pool Expense: 3195.00
  • Pool Features: Private, Fenced, In Ground
  • Pool Private: Yes

Garage/Parking

  • Parking: Yes
  • Parking Features: Controlled Entrance

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Pest Control Expense: 1822.00
  • Sewer: Unknown
  • Trash Expense: 8488.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 27998.00

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Electric Expense: 3465.00
  • Fuel Expense: 9503.00
  • Gross Income: 369381.00
  • Gross Scheduled Income: 369381.00
  • Insurance Expense: 9205.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 1740.00
  • Maintenance Expense: 27921.00
  • Net Operating Income: 196634.00
  • Number Of Separate Electric Meters: 34
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 33
  • Number Of Units Total: 33
  • Operating Expense: 159830.00
  • Other Expense: 1276.00
  • Rent Control: Yes
  • Total Actual Rent: 30637.00
  • Total Expenses: 159830.00

Tax Info

  • New Taxes Expense: 52500.00
  • Tax Census Tract: 1277.12
  • Tax Lot: 4
  • Tax Tract Number: 10242

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Lawyers Title
Jdh Capital Llc $4,200,000 Lawyers Title Company
Weiswasser David -- Chicago Title Company
Weiswasser David -- North American Title Company
Van Nice Apts Llc $2,525,000 Fidelity National Title
Arroyo Seco Apts Lp -- First American Title Ins Co
Sepulveda 6929 Llc $1,475,000 --
Lavian Avi -- --
Canetti Jacob -- --
Lavian Avi $775,000 Equity Title
6929 Sepulveda Llc -- Chicago Title Co
Platte N2 Properties Associates Lp $710,000 American Title Ins Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $3,000,000
Closed Jdh Capital Llc $2,400,000
Previous Owner Weiswasser David $900,000
Previous Owner Van Nice Apts Llc $1,925,000
Previous Owner Arroyo Seco Apts Lp $1,530,000
Previous Owner Sepulveda 6929 Llc $1,012,500
Previous Owner 6929 Sepulveda Inc $35,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/22/2018 10/22/18 Sold $4,200,000 -6.9% $257 / Sq Ft
09/18/2018 09/18/18 Pending -- -- --
09/18/2018 09/18/18 For Sale $4,510,000 -- $276 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $59,456 $4,778,878 $2,844,571 $1,934,307
2025 $59,456 $4,685,176 $2,788,796 $1,896,380
2024 $58,686 $4,593,311 $2,734,114 $1,859,197
2023 $57,592 $4,503,247 $2,680,504 $1,822,743
2022 $55,012 $4,414,949 $2,627,946 $1,787,003
2021 $54,184 $4,328,382 $2,576,418 $1,751,964
2019 $52,622 $4,200,000 $2,500,000 $1,700,000
2018 $36,327 $2,801,133 $1,680,681 $1,120,452
2016 $34,575 $2,692,364 $1,615,419 $1,076,945
2015 $34,098 $2,651,923 $1,591,154 $1,060,769
2014 $34,417 $2,599,976 $1,559,986 $1,039,990
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18256078

California Regional Multiple Listing Service (CRMLS)
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